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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

What it means to have a good workplace culture

 By Jonathan Maze on Jun. 29, 2022

A Deeper Dive: James Pogue, a leadership and diversity consultant, joins the podcast to talk about what it means for companies to have a more inclusive culture.

Financing

Franchisee unrest grows as McDonald’s changes its rules

 By Jonathan Maze on Jun. 28, 2022

A group representing Black franchisees voted “no confidence” in CEO Chris Kempczinski. Other groups could take similar steps amid anger over new renewal standards. “An absolute declaration of war on owners," one operator said.

Financing

One small barbecue chain is doing the unthinkable: Lowering prices

By Heather Lalley on Jun. 27, 2022

Mighty Quinn’s dropped the price tag on its two most-popular menu items by about 9% after its protein costs went down, saying it wanted to pass the deflation on to diners.

Financing

McDonald’s shuffles its executive team

By Jonathan Maze on Jun. 27, 2022

Ian Borden was named CFO as Kevin Ozan is promoted to oversee strategy before he retires next year. Marion Gross was named chief supply chain officer.

Financing

The restaurant industry is splitting in two

By Jonathan Maze on Jun. 27, 2022

The Bottom Line: The business is increasingly bifurcating. Fast-food restaurants are focused on speed and production. But demand for experiential dining remains high. Those in between may struggle.

Financing

Why a familiar name could be a candidate for the Starbucks CEO job

By Jonathan Maze on Jun. 24, 2022

The Bottom Line: Bloomberg suggested that one of the chain’s directors could take the position, including former Domino’s CEO Ritch Allison and former McDonald’s CMO Mary Dillon.

Financing

The market cools off for restaurant acquisitions

By Jonathan Maze on Jun. 24, 2022

The Bottom Line: Inflation concerns and margin pressures haven’t just hurt stocks. The market for restaurant deals has slowed to a crawl as sellers wait until things improve.

Financing

Why rising interest rates are unlikely to slow restaurant expansion

By Jonathan Maze on Jun. 24, 2022

Borrowing costs are increasing as the Federal Reserve looks to slow inflation. But they seem unlikely to slow the industry’s growth.

Financing

Au Bon Pain begins adding locations again

By Jonathan Maze on Jun. 24, 2022

The bakery-café chain, which at one time helped launch Panera Bread, opened its first location under its new owners and has plans for more.

Financing

Darden's Q4 margins outstrip pre-COVID levels despite below-inflation pricing

By Peter Romeo on Jun. 23, 2022

The parent of Olive Garden and LongHorn Steakhouse said its ongoing effort to simplify operations lowered labor costs.

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